SYCAL UMBRELLAS PRINT & PROMOTIONS LIMITED

Company Registration Number:
01730940 (England and Wales)

Unaudited abridged accounts for the year ended 30 March 2023

Period of accounts

Start date: 01 April 2022

End date: 30 March 2023

SYCAL UMBRELLAS PRINT & PROMOTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 30 March 2023

Balance sheet
Notes

SYCAL UMBRELLAS PRINT & PROMOTIONS LIMITED

Balance sheet

As at 30 March 2023


Notes

2023

2022


£

£
Current assets
Stocks: 41,820 25,555
Debtors: 3 316,377 226,362
Cash at bank and in hand: 5,790 7,559
Total current assets: 363,987 259,476
Net current assets (liabilities): 363,987 259,476
Total assets less current liabilities: 363,987 259,476
Creditors: amounts falling due after more than one year: 4 (332,311) (233,415)
Total net assets (liabilities): 31,676 26,061
Capital and reserves
Called up share capital: 200 200
Share premium account: 19,900 19,900
Profit and loss account: 11,576 5,961
Shareholders funds: 31,676 26,061

The notes form part of these financial statements

SYCAL UMBRELLAS PRINT & PROMOTIONS LIMITED

Balance sheet statements

For the year ending 30 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 March 2024
and signed on behalf of the board by:

Name: Gary J Markham
Status: Director

The notes form part of these financial statements

SYCAL UMBRELLAS PRINT & PROMOTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over itsestimated useful life.

Other accounting policies

StocksStocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

SYCAL UMBRELLAS PRINT & PROMOTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2023

2. Employees

2023 2022
Average number of employees during the period 9 9

SYCAL UMBRELLAS PRINT & PROMOTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2023

3. Debtors

2023 2022
££
Debtors due after more than one year: 316,377 226,362

2023 2022

SYCAL UMBRELLAS PRINT & PROMOTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2023

4. Creditors: amounts falling due after more than one year note

2023 2022Bank loans and overdrafts 59,217 40,703Trade creditors 232,389 146,179Amounts owed to group undertakings 4,705 4,705PAYE & NI & NEST 7,731 6,289VAT 21,126 17,522Accrued expenses 7,143 18,017